NFP Sampoorna Foods SME IPO Withdrawn

NFP Sampoorna Foods Limited, a small and medium enterprise (SME) in the FMCG segment, planned to raise funds through an SME IPO on the NSE SME platform (popularly known as NSE Emerge). The company operates in the dry fruits and packaged food space, dealing in products such as cashews, almonds, fox nuts, and related items.

However, just when the IPO was expected to open in early February 2026, the issue was officially marked as “Issue Withdrawn” by NSE. This led to confusion among retail investors who were tracking or planning to apply for the IPO.

Let’s break it down in simple terms.

IPO Offer Structure at a Glance

The NFP Sampoorna Foods SME IPO was structured as a fresh issue, meaning the company itself would have received the IPO proceeds. The key details were:

• • Price band: ₹52–₹55 per share

• Lot size: 4,000 shares (2Lots)

• Minimum investment: Around ₹2.08–₹2.20 lakh

Like many SME IPOs, the ticket size was relatively high, which naturally limits participation from smaller retail investors.

Timeline: From Planning to Withdrawal

As per IPO calendars and market reports, the issue was scheduled to open in the first week of February 2026. Everything looked set until 4 February 2026, when NSE’s official IPO page showed the status as “Issue Withdrawn.”

This status update from the exchange is the most reliable confirmation available to the public.

What Does “Issue Withdrawn” Mean?

When NSE marks an IPO as Issue Withdrawn, it simply means:

• The IPO did not open

• No allotment or listing will happen

• The process has been stopped for that window

This is different from:

• Postponed IPO – new dates may come later

• Undersubscribed IPO – issue opens but fails to get enough bids

In short, the IPO never really started.

Possible Reasons Behind the Withdrawal

Companies usually don’t give detailed public explanations, but in SME IPOs, common reasons include:

• Weak demand indications before opening

• Valuation concerns among investors

• Large lot size, which restricts participation

• Market mood, especially when multiple SME IPOs compete for funds

Rather than risk an undersubscribed issue, companies often prefer to step back.

Minimum Subscription Rule Explained Simply

IPO rules require a minimum subscription level (often discussed as around 90%). If an issue looks unlikely to meet this, it cannot proceed.

Withdrawing early helps companies:

• Avoid negative headlines

• Reduce operational issues

• Rework pricing or timing

For investors, this is not a loss situation.

What If You Tried to Apply?

If you attempted to apply or saw a UPI mandate:

• Check your UPI app or bank account

• The mandate is usually cancelled or auto-expired

• Funds are unblocked automatically

• If needed, save a screenshot and contact your broker

Under ASBA/UPI rules, money remains safe.

What This Says About the SME IPO Market in 2026

This withdrawal is a reminder that SME IPOs are becoming more selective. Investors are now focusing on:

• Reasonable pricing

• Clear business models

• Post-listing liquidity

Not every IPO will sail through—and that’s healthy.

Final Takeaway for Investors

The NFP Sampoorna Foods SME IPO withdrawal is not a failure for investors—it’s simply a pause. Your capital stays with you, and the company may return later with revised terms or fresh timing.